#WolffBites: When one empire (the US) declines, it often denies its decline yet also takes desperate risks to slow the decline. The unwanted result: faster decline and faster rise of the next empire (China).
www.axios.com/newsletters/...
Posts by Professor Richard D. Wolff
#WolffBites: The US-Israel-Iran war closes Hormuz and thus ups prices of oil and jet fuel. US airlines react by protecting their profits at the ex;pense of all who need airlines. Capitalist "patriotism."
www.axios.com/newsletters/...
#WolffBites: Finally, recognition of the immense social costs of scapegoating immigrants. Should have been obvious before; downright self-destructive in/for the US now.
www.columbian.com/news/2026/ap...
#WolffBites: Harvard study estimates cost to the US of the Iran war will be $1 trillion. That's money NOT used for all the other services the gov't could provide to us instead of a deadly war.
www.cnbc.com/2026/04/14/i...
All new episode of #EconomicUpdate @profwolff.bsky.social on the #Economic Implications of the US #War on #Iran! Watch it at 4:30 ET here: www.youtube.com/watch?v=mffk... @democracyatwork.bsky.social
#WolffBites: Hollywood megacorps put profits first. Hollywood creatives (writers, actors, directors) put their arts, skills, and their audience - us - first. Their fight against the profiteers is ours as well.
www.nytimes.com/2026/04/13/b...
#WolffBites: After world war 2, US power and its dollar took control of global oil business and thereby ran the US empire. Now the decline of that empire plus control of the Strait of Hormuz gives Iran global power.
www.nytimes.com/2026/04/06/o...
#WolffBites: US prices up almost 1% in March alone. Employers blame war, global oil crisis, etc for cost increases "requiring" price increases. But employers up prices even more: to juice their profits. Consumers lose.
finance.yahoo.com/economy/arti...
#WolffBites: What a declining US empire costs: thousands dead and wounded in Iran, Lebanon, Israel and the US; $ billions wasted; global inflation, deranged leaders.
#WolffBites: In declining US empire, rich leaders stay that way by shifting costs of decline onto workers at home and abroad.
countercurrents.org/2026/04/conn...
#WolffBites: No surprise: Jeffrey Epstein's banker threatens that rich and businesses may leave if NYC Mayor Mamdani dares tax them. Shame on Dimon.
nypost.com/2026/04/06/b...
#WolffBites: Fact: 46% of New York City residents barely survive, need help beyond their income. The "great" economy Trump boasts about.
www.bloomberg.com/news/article...
#WolffBites: Stunning contrasts: US Pope calls for peace as US president threatens war and destruction.
www.bbc.com/news/article...
#WolffBites: Trump's new attorney general promises to keep Epstein scandal off the news better than Bondi did.
www.independent.co.uk/news/world/a...
Yesterday's Wolff Responds: "The Iran War: The Epstein Class Profits, The People Pay" Dated April 1, 2026
open.substack.com/pub/democrac...
#WolffBites: Jamie Dimon like Trump says Iranians "killed people for 45 years." Forgets US in Iraq, Afghanistan, Caribbean boats.
www.axios.com/newsletters/...
#WolffBites: Iran war profits few, costs many. Expensive bombs to kill Iranians while Medicaid cuts 8 million Americans' health insurance.
www.independent.co.uk/news/health/...
#WolffBites: Is Trump taking us on a kamikaze mission in Iran?
mearsheimer.substack.com/p/will-trump...
#WolffBites: US/Israel war on Iran costs our world: more pollution from coal as limited gas availability leads to burning more coal instead.
www.bloomberg.com/news/article...
Trump spends $ billions on endless wars and US's richest farm companies. Just not for workers, students, small businesses. MAGA priorities.
finance.yahoo.com/economy/poli...
#WolffBites: March 28's immense political engagement should not be constricted or constrained into merely voting for democrats.
ground.news/article/mill...
#WolffBites: Why Wall Street supports Trump and his endless wars: record multi $ billion bonuses for Wall Street this year. Wall street profits even as its empire delines.
www.bloomberg.com/news/article...
#WolffBites: Education everywhere is under attack. Unionized workers lead the fighting back - for all who depend on an educated people. In other words, for all of us. Fund schools not wars.
www.thecity.nyc/2026/03/23/n...
#WolffBites: US fiscal crisis worsening: (1) Iran war to cost $50-$200 billion, (2) SCOTUS ruling ends tariffs, forces refunds, (3) 2027 war department budget to rise from $900 billion to $1.5 trillion. US becomes debt addict.
www.axios.com/newsletters/...
#WolffBites: Trump wants $200 billion more for Iran war. That exceeds a full year of Trump's tariff receipts. Will mean big gov't budget deficit this year plus higher gov't debt to be repaid with our future taxes.
www.nytimes.com/2026/03/19/w...
Wolff Responds: "US & Europe: A Messy Divorce" Dated March 18, 2026
democracyatwork.substack.com/p/wolff-resp...
#WolffBites: US has worst maternal death record in the industrial world. Situation worsened in recent decades. Yet another cost of having a failed profit-profit-driven healthcare system.
#WolffBites: Fed + Trump cut bank regulations to up bank profits by $ billions. Despite war and declining jobs, rising inflation risks, US gov't never stops serving big capitalists.
www.bloomberg.com/news/article...
#WolffBItes: A changed world economy frustrated (1) collective West-Ukraine war against Russia and (2) US-Israel war on Iran. Will that lesson be learned?